explain this when I answer your questions - is the best formula.SOCIAL PROTECTIONRegarding employment and social issues, the socialpartners will be fully involved in the G20's work. Wewill be holding the first ever Social Summit on the eveof the G20 Summit, alongside the Business Summit.There is no reason why we should have a BusinessSummit and not a Social Summit. And the question forFrance is how to give the International LabourOrganization more weight in global governance. Francewould like us to consider setting up a minimumstandard of universal social protection. That is not to say a single social model, which makesno sense, but a minimum standard, and France willnot resign herself to the fact that the eight ILOconventions on fundamental labour rights have notbeen ratified by all the members of the G20, whichare, for the most part, also members of the ILO. Whenyou arere a member of an organisation, you ratify the standards produced and adopted by thatorganisation.INTERNATIONAL MONETARY SYSTEMOn the instability of the international monetary systemand commodity price volatility: the currency debateran right through 2010. Some even spoke of acurrency war. The truth is we have been living with theinstability of the international monetary non-systemsince 1971. To say that a monetary system exists is aserious mistake. There has not been one since 1971.I have read many things, so allow me to address anumber of these points. First of all, France does not want to go back to a fixedexchange rate system. It would be a contradiction towant to bring back a fixed exchange rate system whenwe criticise the euro's volatility for not correspondingto economic realities. Fixed exchange rate systems characteristically do notadapt to the realities of the economy. France does notwant to challenge the dollar, which plays an eminentrole and should be a strong currency, as PresidentObama so often says. And France does not supportadditional capital controls. Those are thefundamentals. Yet having refused these three things,is there a single person in the world who could say thatthe international monetary system works well or thatthere's no problem?We do not want to address these questions from anideological angle, but from a pragmatic one. Ourambition is to agree with our partners on concreteproposals. Our position is simple. It can be summed upG8 MEMBER COUNTRIES019?